Sam Matekane the Prime Minister of Lesotho made a strong promise to guide the nation toward economic freedom by focusing on essential sector investments.
During the 2025/26 budget presentation, he stressed that self-sufficiency must increase as external aid dependence needs to be reduced. The government marked agriculture, infrastructure development, and entrepreneurship as essential foundations for driving economic transformation throughout the nation.
Matekane declared that agricultural development shows promise as an economic growth engine which advances food security throughout the country.
The government plans to use public funds to finance advanced farming methods, irrigation projects, and value-chain programs to boost harvests.
The country of Lesotho works to produce local food supplies to break its food import cycle while building a permanent agricultural system.
Infrastructure development stands as a primary goal for Lesotho which receives considerable financial support for road development as well as energy infrastructure improvements and digital grid development.
Government leaders understand that developing their infrastructure system will enable better trade activities draw investors and generate employment.
The government has established strategies to enhance transport networks alongside extending rural electricity access because these improvements will assist industrial development and economic transformation.
Lesotho’s economic strategy prioritizes entrepreneurship together with private sector development as essential elements. The government established two programs called Entrepreneurship Hub and Seed Financing Facility to promote start-ups and small businesses together.
The programs target to make local entrepreneurs stronger while they stimulating innovation and generating employment chances, particularly for young people. During his address, Matekane emphasized that members of the Lesotho diaspora should invest in the country’s economy because they can significantly help national development move forward.
The government views fiscal discipline as an essential factor to reach economic independence. Matekane emphasized his government’s dedication to responsible financial handling that would enhance economic effectiveness through efficient public fund distribution. The budget develops plans to improve social protection systems which will deliver essential aid to needy communities.
Toward economic independence, Lesotho joins other African nations which attempt to restructure financial systems to reduce their foreign assistance dependence.
The government works to establish an economy which can resist outside impacts while promoting enduring development through these new programs. Matekane leads Lesotho toward economic self-reliance by promoting strategic investment programs that will secure its future as a stable nation.
